A Nation Stuck Between Missing Jobs and Growth Ambitions
India grapples with a job crisis fuelled by factors including high youth unemployment, educational and skill imbalance and low female participation, among others. In their book, The Elephant Moves: India’s New Place in the World, Amitabh Kant and Amit Kapoor explore India’s economic evolution through the lens of competitiveness, stressing the need for, and challenges to, policy changes in its run to becoming a developed economy by 2047
March 01, 2024
How You End Up Paying for What Farmers are Demanding
Farmers are demanding a legal guarantee of MSP on crops. But MSP is not the silver bullet; over the past two decades, high food inflation has distorted not just the Indian economy but has also affected millions of poor, making India perform poorly on the global hunger index
Ayaan Kartik - February 29, 2024
Illusions of Growth
Powered by easy credit, a section of Indians is splurging on premium products; at the same time, agricultural wages have stagnated and the share of the self-employed has steadily gone up. Post-pandemic, the Indian economy is going through a lop-sided recovery
Ayaan Kartik - February 29, 2024
It Is Too Early to Celebrate India’s New Growth Path, Says Raghuram Rajan
Former RBI governor and economist Raghuram Rajan has been vocal about his ideas on policy matters in India. His latest book Breaking the Mould, co-authored with economist Rohit Lamba, is a deep dive into finer issues of the economy, including welfare schemes, job crisis, misplaced priorities of the government and much more. In an interview, Rajan demystifies the current narrative of growth in the country and why manufacturing-led growth might not be the best solution at hand. Edited excerpts:
Abdul Haleem Sherif - December 29, 2023
The Highway Man
A visionary when it comes to recognising the role of highways in the growth of a country’s economy, Union transport minister Nitin Gadkari has been instrumental in the rapid expansion of the road network in the country. He is confident that it will be on par with that of the US by the next year
Abdul Haleem Sherif - December 01, 2023
Events That Powered India’s Start Up Ecosystem
India’s journey to becoming the second largest start-up hub is dotted with several milestones. Be it the information technology boom or the opening up of the economy, every event has played its role in the country’s growth story
Chitra Nair - October 31, 2023
The Imbalances In India’s Growth Story
There is a serious lack of understanding regarding the connections between the real economy and the financial economy, says author Nikhil Gupta. This interconnectedness is what makes the economy a complex subject to understand. In his book, The Eight Per Cent Solution, Gupta harps on the need to make fundamental structural changes if the country wants to attain 8% economic growth rate
August 28, 2023
Cornered in the ESG Arena
Struggling with ever-widening ESG compliance standards, and unable to push back beyond a point, corporate India is feeling the pressure from global powerhouses to match their compliance levels or lose out on trade opportunities. But this demand is not practical, feasible or even equitable for the growing economy with ambitions
Neeraj Thakur - June 30, 2023
The Spotlight on Nature
Natural capital underpins the wellbeing of humans and deserves a central place in our economic framework, author Siddarth Shrikanth argues. The current system has improved living standards but gone far in the direction of environmental destruction. Having made this point, The Case for Nature attempts to show ways of shifting to a ‘nature-positive’ economy
June 30, 2023
Guarantee Void in MGNREGA: The Crisis In Universal Rural Job Scheme
From being the lifeline of the country’s rural economy whenever it went into distress and subject of political claims and blame, the MGNREGA scheme is facing unusual times, leaving workers and activists worried
Rajat Mishra - April 29, 2023